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The Week Ahead: U.S. Banking Committee to Focus on Powell & Montgomery

SenateThe United States Senate Banking Committee is scheduled to have a busy Tuesday this week. At 10 a.m. on Tuesday, November 28, the Banking Committee will meet in a full open session to conduct a hearing on the nomination of Jerome Powell to be Chairman of the Board of Governors of the Federal Reserve System. President Trump nominated [1] Powell for the position on November 2. He will succeed current Fed Chair Janet Yellen.

Prior to the Powell nomination hearing, beginning at 9:45 a.m. in room 216 of the Hart Senate Office Building, the Banking Committee will meet in Executive Session to vote on the following nominations: Brian Montgomery to be Assistant Secretary for HousingFederal Housing Commissioner, U.S. Department of Housing and Urban Development; Robert Kurtz to be Assistant Secretary for Public and Indian Housing, U.S. Department of Housing and Urban Development; and Suzanne Tufts to be Assistant Secretary for Administration, U.S. Department of Housing and Urban Development.

Other Events This Week: